Author: Admin

Nationwide Overbilling Probe Urged Amid Rs53.4bn Refund Plan and Tariff Concerns

Admin
Power-generation

ISLAMABAD: A probe into widespread overbilling by the Lahore Electric Supply Company (Lesco) has prompted calls for similar investigations across all power distribution companies, as the Power Division confirmed action against officials found responsible, following an inquiry ordered by Prime Minister Shehbaz Sharif. At a public hearing hosted by the National Electric Power Regulatory Authority (Nepra), Additional Secretary Power Mehfooz Bhatti confirmed that the inquiry report had been submitted to the Prime Minister. However, he refrained from sharing details until the report’s recommendations are formally processed and shared with the…

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Lt. Gen. (R) Muhammad Saeed Assumes Charge as Chairman WAPDA

Admin
New-Wapda

ISLAMABAD: Lieutenant General (retired) Muhammad Saeed has officially taken charge as Chairman of the Water and Power Development Authority (WAPDA), bringing with him nearly four decades of distinguished military service. Following his appointment, Lt. Gen. Saeed met with Prime Minister Muhammad Shehbaz Sharif in Islamabad to discuss WAPDA’s ongoing projects and strategic development plans. With extensive leadership, operational, and institutional reform experience, Lt. Gen. Saeed has held several key positions in the Pakistan Army, including Chief of General Staff, Corps Commander V Corps (Karachi), President of the National Defence University…

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Sindh Holds 2,000+ Events for Independence Day and “Battle for Truth” Celebrations: Energy Minister Nasir Shah

Admin
New-Project17

Karachi: Sindh Minister for Energy, Planning, and Development, Syed Nasir Hussain Shah, has announced that over 2,000 events are being held across Sindh to commemorate Independence Day and the “Battle for Truth” campaign. These activities, directed by Chairman Bilawal Bhutto Zardari and Chief Minister Sindh, are being celebrated with great zeal in all government departments and institutions. Speaking as the chief guest at a ceremony organized at the Thar Coal Energy Board (TCEB) office, Nasir Shah inaugurated the celebrations by cutting a cake. The event was attended by MPA Qasim…

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Oil and gas

Admin
oil-and-gas

How much oil does Pakistan really have? In 2013, the US Energy Information Administration (EIA) – the statistical arm of the US Department of Energy – released one of the most comprehensive assessments of global shale resources. Conducted in collaboration with Advanced Resources International (ARI), the report – titled ‘Technically Recoverable Shale Oil and Shale Gas Resources: An Assessment of 137 Shale Formations in 41 Countries Outside the United States’ – offered detailed, country-specific estimates. For Pakistan, it provided the most authoritative data yet on the nation’s untapped shale oil…

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Pakistan opens doors with zero tariff on approx 4,200 US goods in landmark trade deal

Admin
US-products

Pakistan has created a major breakthrough in global trade by announcing zero per cent tariff on the import of around 4,200 American products, under a newly concluded trade agreement with the United States. The development was confirmed by Prime Minister’s Coordinator on Commerce, Rana Ihsan Afzal Khan, during a talk show on Express News. He, however, clarified that the decision does not mean an immediate surge of US products in local markets, as Chinese goods will likely retain a competitive edge owing to their lower logistical costs. A formal statement…

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